Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
Turkish Lira/Canadian Dollar (FOREX:TRYCAD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TRYCAD
The long term trend has been DOWN since Mar 22nd, 2018 at 0.322610
The intermediate term trend has been DOWN since Mar 19th, 2018 at 0.331625
The short term trend has been DOWN since Mar 8th, 2018 at 0.337165
Smart Scan Analysis for TRYCAD
Based on a pre-defined weighted trend formula for chart analysis, TRYCAD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).